While small in dollar terms, the grant represents an investment in the further decentralization of the Bitcoin ecosystem.
The agreement will add 800 petahash to Foundry USA mining pool's computing power, the companies said in a joint statement.
The New York miner says, "We're seeing a lot of hashrate start to come to the U.S." and many states have friendlier regulations these days.
Hut 8 plans to add another 5,000 ASICs to Foundry's pool by August.
CEO Mike Colyer said his company wants to offer an experience "tailor-made to fit the needs of institutional mining companies."
The new machines will add 475 PH/s to Hut 8's hash power.
The partnership is designed to lower the high cost of entry for would-be bitcoin miners.
Following a string of investments, miners are increasingly optimistic about prospects for the U.S. market in 2021.
Cryptocurrency mining demand provided a boost to TSMC's fourth-quarter revenue, according to new statements from the foundry giant.